Updated November 3, 2026 · Local data: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates
South Pasadena at a glance
Local notes: South Pasadena
A small city near the beaches where condos, including many 55+ buildings, make up a large share of homes.
Condos are a big part of the South Pasadena market. Florida's post-Surfside condo safety laws require milestone structural inspections and fully funded structural reserves for many buildings. Review the association's reserve study, milestone reports and any special assessments before you buy or list.
South Pasadena has many 55+ communities. Association approval, age-verification rules and leasing restrictions can add time to a sale, so request the association documents early.
Housing stock in South Pasadena
South Pasadena has about 4,998 housing units. 7% are single-family homes and 80% are in buildings with 10 or more units, and 8% are mobile or manufactured homes. 55% of homes were built before 1980 and 3% were built in 2000 or later. The median resident is 70 years old. About 18% of all housing units are held for seasonal, recreational or occasional use, one of the highest shares in Pinellas. Expect second-home owners, snowbirds and vacation-rental investors in the buyer pool.
Real-world check: homeowners here who have a mortgage pay a median $2,003/month in total owner costs, including mortgage, property tax, insurance, utilities and any HOA or condo fees.
What a typical South Pasadena home costs per month
| Down payment | Cash down | Loan | Principal + interest* |
|---|---|---|---|
| 3.5% down | $12,257 | $337,943 | $2,136 |
| 10% down | $35,020 | $315,180 | $1,992 |
| 20% down | $70,040 | $280,160 | $1,771 |
*Illustration only, at a 6.5% 30-year fixed example rate. Rates change daily and depend on your credit and loan type. Taxes, insurance, HOA and mortgage insurance are extra and often significant in Florida. This is not a loan offer.
Rent vs. buy in South Pasadena
The median gross rent in South Pasadena is $1,792/month. Principal and interest alone on a 10%-down median home is about $1,992. Once you add Florida property insurance and taxes, the gap with renting is smaller than in many parts of Tampa Bay. See our rent-vs-buy comparison across Pinellas.
Insurance check before you offer
The median South Pasadena home was built in 1978, before Florida's 2002 building code. Get an insurance quote during your inspection period, because roof age and a 4-point inspection can decide whether a home is insurable at a sensible price. Compare insurance in South Pasadena.
South Pasadena vs. similar communities
| Community | Median value | Median rent |
|---|---|---|
| South Pasadena | $350,200 | $1,792 |
| Seminole | $348,500 | $1,708 |
| Tarpon Springs | $340,700 | $1,298 |
| Clearwater | $361,300 | $1,658 |
| Bardmoor | $334,700 | $1,706 |
| Gulfport | $366,200 | $1,555 |
How matching works
- Tell us what you need in South Pasadena. It takes about a minute.
- We match you with one buyer's agent who serves South Pasadena, so your number isn't sold to a list.
- They contact you, usually the same business day. No obligation.
Frequently asked questions
How much do I need to buy a home in South Pasadena?
On a $350,200 median home, 3.5% down is about $12,257 and 20% down is about $70,040, plus closing costs. Buyers pay Florida's mortgage doc stamps (about $1,103 on a 90% loan) and the intangible tax (about $630).
Does it cost me anything to use TheBayPros?
No. Matching is free for home buyers and sellers.